OPEN-SOURCE SCRIPT
已更新 OA Opening Range
Overview:
The OA Opening Range indicator is designed to help traders identify and visualize the opening range of the AM trading session and provides breakout buy and sell signals when the range, high or low, is broken.
What Is the Opening Range?
The term opening range (OR) refers to the high and low price for a short period just after the market opens, often the first 15 to 30 minutes of the trading day. Day traders often monitor the opening range because it can provide an indication of market sentiment and price trends for the day.
Features:
1. Opening Range Visualization: Draws the high and low prices of the opening range for the selected session time (default: 09:30 - 10:00).
- Option to shade the opening range box for better visual clarity.
- Customizable box border size and color settings.
2. Time Zone and Session Settings: Users can set the time zone and the specific session time to calculate the opening range.
- Option to display the opening range during regular trading hours only.
3. Previous Day Opening Ranges:
- Option to display opening ranges from previous days to observe historical levels.
- The indicator can show the range and volume data for the last 5 sessions.
4. Breakout Signals:
- Highlights potential breakout points when the price moves above the opening range's high or below the low.
- Customizable buy and sell signal colors and text labels.
5. Range and Volume Labels:
- Displays the calculated range and total volume within the opening range for the current session.
- Option to show range and volume data for previous sessions, providing valuable historical context.
6. Alerts:
- Alerts for when the price breaks above or below the opening range, helping traders stay informed of significant price movements.
Usage:
By visualizing the opening range and providing breakout signals, traders can identify potential trade setups and market trends early in the session. The historical data and customizable settings allow for a tailored approach to fit various trading strategies.
Happy trading!
Disclaimer: This indicator is a free tool that provides examples of how you can utilize Option Alpha webhooks. Option Alpha does not recommend, suggest, or advise any particular trading strategy or indicator and makes no claim this indicator will provide profitable signals. Past performance is never indicative of future results.
The OA Opening Range indicator is designed to help traders identify and visualize the opening range of the AM trading session and provides breakout buy and sell signals when the range, high or low, is broken.
What Is the Opening Range?
The term opening range (OR) refers to the high and low price for a short period just after the market opens, often the first 15 to 30 minutes of the trading day. Day traders often monitor the opening range because it can provide an indication of market sentiment and price trends for the day.
Features:
1. Opening Range Visualization: Draws the high and low prices of the opening range for the selected session time (default: 09:30 - 10:00).
- Option to shade the opening range box for better visual clarity.
- Customizable box border size and color settings.
2. Time Zone and Session Settings: Users can set the time zone and the specific session time to calculate the opening range.
- Option to display the opening range during regular trading hours only.
3. Previous Day Opening Ranges:
- Option to display opening ranges from previous days to observe historical levels.
- The indicator can show the range and volume data for the last 5 sessions.
4. Breakout Signals:
- Highlights potential breakout points when the price moves above the opening range's high or below the low.
- Customizable buy and sell signal colors and text labels.
5. Range and Volume Labels:
- Displays the calculated range and total volume within the opening range for the current session.
- Option to show range and volume data for previous sessions, providing valuable historical context.
6. Alerts:
- Alerts for when the price breaks above or below the opening range, helping traders stay informed of significant price movements.
Usage:
By visualizing the opening range and providing breakout signals, traders can identify potential trade setups and market trends early in the session. The historical data and customizable settings allow for a tailored approach to fit various trading strategies.
Happy trading!
Disclaimer: This indicator is a free tool that provides examples of how you can utilize Option Alpha webhooks. Option Alpha does not recommend, suggest, or advise any particular trading strategy or indicator and makes no claim this indicator will provide profitable signals. Past performance is never indicative of future results.
版本注释
Corrected a minor bug that was displaying the Range and Volume info twice for the current session. 版本注释
Removed default 'any call' function to make alerts easier to establish开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。